Junior Prepetition Credit Agreement definition

Junior Prepetition Credit Agreement means the Credit Agreement dated as of May 31, 2000, as amended, modified or supplemented, among McLeodUSA, JPMorgan Chase Bank, N.A. as Administrative Agent and the Lenders party thereto.
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Examples of Junior Prepetition Credit Agreement in a sentence

  • Reorganized McLeodUSA shall also pay in Cash, on the Effective Date, all unpaid fees and expenses of the Prepetition Junior Agent and the Prepetition Junior Lenders required to be paid pursuant to the Junior Prepetition Credit Agreement.

  • In early 2005, an informal steering committee (the "Lender Steering Committee") of holders of claims under the Senior Prepetition Credit Agreement and the Junior Prepetition Credit Agreement (collectively, the "Prepetition Lenders") was formed.

  • As of September 1, 2005, obligations outstanding under the Senior Prepetition Credit Agreement total approximately $100 million plus $7.4 million in unfunded letters of credit, and obligations outstanding under the Junior Prepetition Credit Agreement total approximately $677.3 million plus accrued and unpaid interest.

  • The Debtors maintain working capital facilities pursuant to a credit agreement dated as of May 31, 2000 (as amended, the "Junior Prepetition Credit Agreement")and a credit agreement dated April 16, 2002 (as amended, the "Senior Prepetition Credit Agreement" and collectively with the Junior Prepetition Credit Agreement, the "Credit Agreements") by and among certain financial institutions party thereto (the "Prepetition Secured Lenders").

  • During site inspection by PGVCL’s staff / authorized representative, if the systems are found to be not installed and false report of installation & commissioning is submitted to PGVCL for claiming payment, PGVCL is empowered to take action(s) as deemed fit and or forfeit Security Deposit and / or performance bank guarantee/s up to 100%.

  • After taking such views into account, the Company determined not to further pursue the sale process.On a parallel path with efforts to solicit interest from third parties regarding a potential sale of the Company, the Company discussed with the Majority Prepetition Lenders the terms of a stand-alone financial restructuring that would convert the majority of the debt under the Junior Prepetition Credit Agreement into equity and in essence transfer ownership of the Company to the Junior Prepetition Lenders.

  • Verbal and written complaints shall not be incorporated into the employee's evaluation or personnel file unless the employee has been informed of the complaint.

  • From here you can set the Budget Element (If it hasn’t already been done) and add the Provision.

  • Under applicable documents, the Company believes that obligations outstanding under the Senior Prepetition Credit Agreement are senior to outstanding obligations under the Junior Prepetition Credit Agreement.

  • As of September 1, 2005, obligations outstanding under the Junior Prepetition Credit Agreement total approximately $677.3 million plus accrued and unpaid interest from March 16, 2005.

Related to Junior Prepetition Credit Agreement

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrowers, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent and collateral agent.

  • First Lien Credit Agreement has the meaning set forth in the Recitals to this Agreement.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Bridge Credit Agreement means that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • New Credit Agreement means the new credit agreement entered into as of December 23, 2021 in connection with the Closing of the Business Combination, by Fathom OpCo, certain lenders, and JPMorgan Chase Bank, N.A., as administrative agent thereunder.

  • Pre-Petition Credit Agreement has the meaning assigned to such term in the Recitals.

  • ABL Credit Agreement as defined in the recitals hereto.

  • DIP Credit Agreement means the credit agreement with respect to the DIP Facility.

  • U.S. Credit Agreement means that certain credit agreement dated as of even date herewith by and among the U.S. Borrower, as borrower, the lenders party thereto, as lenders, and the U.S. Administrative Agent, as administrative agent.

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement, dated as of August 30, 2012, among the Borrower, Credit Suisse, as administrative agent, and the various lenders and agents party thereto from time to time.

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

  • Parent Credit Agreement means that Credit Agreement, dated as of the date hereof, by and among FE and FET as borrowers, the banks and other financial institutions party thereto from time to time, and JPMorgan as administrative agent, as amended, amended and restated or otherwise modified from time to time.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Company Credit Agreement means that certain Credit Agreement, dated as of March 8, 2019, among the Company, as borrower, the guarantors from time to time party thereto, the lenders and issuing banks from time to time party thereto and Bank of America, N.A., as administrative agent.

  • Senior Secured Credit Agreement means the Amended and Restated Credit Agreement dated as of July 31, 2008 among the Company, as Borrower, JPMorgan Chase Bank, N.A., as Administrative Agent, and the lenders parties thereto from time to time, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 1111).

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Prior Credit Agreement has the meaning specified in the Recitals hereto.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.